Credit Suisse Group AG reported 61.2 billion francs ($69 billion) of outflows in the first quarter and took a large writedown at its wealth management unit, underscoring the challenge for UBS Group AG in retaining key clients and assets after …
By Graham Summers, MBA The Fed has turned off the money pump again. If you’re looking for a reason why stocks erupted higher starting in early March, look no further than the below chart of the Fed’s balance sheet. As …
U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as …
The firm borrowed money to buy stakes in private companies and posted massive gains. But as valuations fade, such bullishness is veering into losses across the industry. ByHema Parmar and Miles Weiss June 8, 2022, 12:01 AM EDTUpdated onJune 8, …
(FOX News) The U.S. Navy allowed the “Top Gun: Maverick” studio to use F/A-18 Super Hornets for more than $11,000 an hour for the upcoming film, but Tom Cruise and his fellow actors were not allowed to touch the planes’ …
by The Phoenix The biggest development last week was the breakout in the 10-year U.S. Treasury. The 10-year US Treasury is arguably the single most important bond in the world. The yield on this bond represents the risk-free rate of return against which …
by Pamela Williams Montgomery is in poor health. He suffered a brain aneurysm and a related multi-infarct stroke on May 12, 2014. He suffered both a hemorrhagic stroke (caused by ruptured blood vessels that cause brain bleeding) and ischemic stroke …
https://www.youtube.com/watch?v=Hyp8IDTIWuM What else is built into this TRILLION dollars of auto debt? Well, with a bubble there’s always more. Click ‘play’ to see what we see…
